Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Analysts predict Class III milk prices to range from $16 to $19.50.
What factors will impact crop mixes? Market analysts share their 2022 acreage pre-dictions and insights.
The November Crop Production and World Agricultural Supply and Demand Estimates reports gave a lift to grain prices.
China booked its biggest single-day U.S. corn purchase on record on Tuesday, its second massive deal for the yellow grain in less than a week.
USDA’s Nov. 8 Crop Production and World Agricultural Supply and Demand Estimates (WASDE) didn’t improve prices.
Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions between Washington and Beijing rise.
Oats and wheat have been the superstars in commodity prices lately. As oats hit a new record high this week, spring wheat traded to the highest level since 2012.
For fiscal year 2021, USDA estimates total U.S. agricultural exports to be $173.5 billion. For next year, exports are projected to hit $177.5 billion.
The concept of “goal-based marketing” is easy to understand. The strategy links the sale of crops or livestock to a goal for your business.
Every story has a beginning and an ending. The soybean story began in August 2020 after two years of a sideways base-building affair.
It will take significant N bookings at higher prices or excess natural gas supplies to relight fires at fertilizer plants – and neither seems likely until summer 2022.
On Tuesday, Oct. 12, USDA will release its monthly Crop Production and World Agricultural Supply and Demand Estimates. Gulke Group’s Jamie Wasemiller will be watching several factors in that round of report.
The questions of if fundamentals really matter anymore have surfaced recently. A look at price discovery for HRSW gives some insight.
Greater transportation efficiencies will only make U.S. exporters more competitive, will support basis and put more revenue in producers’ pockets.
Dr. Pat Westhoff joins AgriTalk’s Chip Flory to share his spin on the latest trends in crop markets, livestock outlooks and projections for net farm income.
Make basis analysis the foundation of pricing decisions.
With lawmakers focused on environmental social governance and carbon-neutral fuels, odds are the momentum to replace petroleum-based diesel with renewable diesel will not be exhausted soon.
The South American country is poised for a top spot on the crop leaderboard.
While the USDA crop report was not bullish is apparently was not bearish enough for the trade versus their anticipation reflected by the price collapses recently into the report.
Pro Farmer’s National Estimates reflect Pro Farmer’s view on production and yields. The estimates will be released at 1:30 p.m. CT in a special live event.
Eastern Tour Consultant Mark Bernard shares a midday report from his route through Iowa and Minnesota.
Eastern Tour Leader Brian Grete shares a midday update on his route through central and west-central Illinois.
Brent Judisch, western Tour consultant, shares some preliminary observations and route results from Nebraska.
“We are fast running out of gas,” says Jerry Gulke. “If we miss these rains, North Dakota and South Dakota probably deteriorates—North Dakota more so. I will be interested to see what Pro Farmer sees.”
Bruce Blythe shares some initial comments and results from his route through South Dakota.
In an effort to head-off some of the questions about Crop Tour sampling, here’s our answers to a few “Crop Tour FAQs!”
Weekend rains across the Midwest were light, the Senate continues to work on the infrastructure bill and boxed beef values continued to surge on Friday...
The 2020 Pro Farmer Crop Tour showed the potential of record crops
The market seems to have learned from history, and we might witness a repeat.
Hot, dry weather will continue over the Midwest, Parana River levels are at long time lows and the Senate may or may not vote on the physical infrastructure bill later today...